GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Qifeng New Material Co Ltd (SZSE:002521) » Definitions » Research & Development

Qifeng New Material Co (SZSE:002521) Research & Development : ¥127 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Qifeng New Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Qifeng New Material Co's Research & Development for the three months ended in Mar. 2024 was ¥30 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥127 Mil.


Qifeng New Material Co Research & Development Historical Data

The historical data trend for Qifeng New Material Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qifeng New Material Co Research & Development Chart

Qifeng New Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.21 90.50 126.98 104.08 122.74

Qifeng New Material Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.20 30.53 32.54 33.47 30.28

Qifeng New Material Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥127 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Qifeng New Material Co  (SZSE:002521) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Qifeng New Material Co Research & Development Related Terms

Thank you for viewing the detailed overview of Qifeng New Material Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Qifeng New Material Co (SZSE:002521) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Qifeng Road, Zhutai Town, Linzi District, Zibo City, CHN, 255432
Qifeng New Material Co Ltd researches develop, manufactures, and supplies decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to different countries and regions.
Executives
Li An Dong Directors, executives
Sun Wen Rong Executives
Yao Yan Lei Secretary Dong
Zhu Hong Sheng Directors, executives
Li Wen Hai Directors, executives
Zhang Shu Fang Executives
Li Xian Ming Executives
Li An Le Executives
Li Xue Feng Director
Liu Yong Gang Supervisors
Zhang Ren Fu Director
Mu Shou Jing Supervisors
Zhang Xiang Zeng Director
Li Bing Quan Directors, executives

Qifeng New Material Co (SZSE:002521) Headlines

No Headlines